Shop Talk: Apartments moving into short-term rentals




Institutional Real Estate, Inc. Podcast show

Summary: Did you know Airbnb, VRBO and other hospitality marketplaces have started cutting deals with apartment communities to place short-term renters? Or that the economics of short-term rentals are allowing for more dynamic pricing in apartment communities and the potential for higher profitability? Or that the technology arms race among apartments has ceased in favor of creating environments to the liking of millennials? Our guest, Georgianna Oliver, CEO of Package Concierge, is operating in the thick of these new trends and sensibilities. She joins us to elaborate. (04/2019)